HMS.STHMS.STSTO
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R&D Expenses Over TimeExpanding
Percentile Rank93
3Y CAGR+8.4%
5Y CAGR+13.1%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+8.4%/yr
vs +12.6%/yr prior
5Y CAGR
+13.1%/yr
Recent deceleration
Acceleration
-4.2pp
Decelerating
Percentile
P93
Near historical high
vs 5Y Ago
1.8x
Solid growth
Streak
1 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$332.00M+15.8%
2024$286.66M-17.3%
2023$346.79M+33.1%
2022$260.63M+11.0%
2021$234.85M+30.6%
2020$179.79M-5.2%
2019$189.67M+16.9%
2018$162.23M+15.7%
2017$140.27M+17.8%
2016$119.08M-